Asian Top News

China

The latest report from Cornerstone Research and Stanford Law School finds that suits against Asian companies—most of them Chinese—account for more than half of shareholder class actions filed in the United States during the first six months of 2015.

China

Enforcement of the Foreign Corrupt Practices Act by the U.S. Securities and Exchange Commission sometimes feels like small time, gotcha-style litigation. Case in point: the $12 million settlement with Mead Johnson Nutrition Co. over marketing baby formula to health care professionals in China.

China

Law firms are merging at the highest rate since the Great Recession, but consultants say there are checks within the legal industry that will prevent consolidation on the scale of other professional service industries.

China

Last week arbitrators in The Hague heard from Foley Hoag's Paul Reichler in the first phase of the world's most misunderstood maritime battle, over the status of a few rocks that form the most controversial dots on the world map.

Australia

Accounting issues at the Australian class-action firm and its most recent deal partner, U.K. insurance claims processor Quindell, have dulled the stock's sheen after eight years of growth since its IPO in 2007.

China, Australia, Germany

With Dentons' merger with McKenna Long & Aldridge becoming official on Wednesday, we asked the firm's leaders about the impending combination with China's Dacheng—and what other global tie-ups may be in store.

Singapore

A handful of international firms have obtained a Qualifying Foreign Law Practice license, which allows them to hire Singapore-qualified lawyers and practice some local law. Others say it's not worth the trouble.

Singapore

As the gateway to Southeast Asia, Singapore continues to be a hot spot for global law firms. To thrive in such a competitive legal market, firms need to be smart about where they invest their resources.

Philippines

More than 40 class actions have been filed over last month’s highly publicized fight between Floyd Mayweather and Emmanuel “Manny” Pacquiao, alleging that the boxers, their promoters and the cable networks airing the match misled viewers about the “Fight of the Century.”

Kazakhstan, United Kingdom

In a battle over foreign oil and gas assets, the Republic of Kazakhstan has won a ruling that the New York office of U.K.-based law firm Clyde & Co must turn over information about the value of an oil and gas plant seized by the republic.

India

U.S. District Judge Amit Mehta, who was born in India and arrived in the United States as a young child, was formally sworn in Friday as the first Asian Pacific American on the U.S. District Court for the District of Columbia.

China

Tim Tingkang Xia, who headed Morris Manning & Martin's intellectual property and international practices, has left for Locke Lord with another partner, IP litigator Bryan Harrison, and a 12-member IP team made up of an associate, four patent agents and seven staff.

China

A tough market for legal services has prompted many U.S. students to drop the idea of going to law school at all. Their Chinese peers, however, think studying in the States is exactly the edge they need to overcome their own employment hurdles.